Anticipating a continuation higher following the previous Day's Price Action.
We have had CPI news which has made price sink lower, anticipating that any seller's in profit would be neutralized by price moving higher.
Key anticipation: New York News driver could be the catalyst in price moving higher.
Annotations and key levels are on the chart.
As usual, manage risk and preserve capital.
The idea is invalidated once the key level of 16934.5 is violated.
We have had CPI news which has made price sink lower, anticipating that any seller's in profit would be neutralized by price moving higher.
Key anticipation: New York News driver could be the catalyst in price moving higher.
Annotations and key levels are on the chart.
As usual, manage risk and preserve capital.
The idea is invalidated once the key level of 16934.5 is violated.
Trade active:
Entry Level triggered
Comment:
Idea invalidated